[ Land sales ]

Pasir Ris Central / Pasir Ris Drive 1

Awarded

Design, Build and Sell Scheme public housing. HDB sale site, built as Pasir Ris One.

[ Award ]

S$123,880,009

S$3,023.68 psm GFA (derived: the source published the price and no rate). Awarded 3 June 2011 to Singxpress Land (Pasir Ris) Pte Ltd, parent: SingHaiyi Group Ltd. (formerly SingXpress Land Ltd.) and Kay Lim Holdings Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Pasir Ris Central / Pasir Ris Drive 1Design, Build and Sell Scheme public housing16,388 m²40,970 m²Singxpress Land (Pasir Ris) Pte Ltd, parent: SingHaiyi Group Ltd. (formerly SingXpress Land Ltd.) and Kay Lim Holdings Pte LtdS$123,880,009(S$3,023.68, derived)
[ All 9 tenderers ]

As listed at the close of 31 May 2011 (hdb-list-pasir-ris-ph1-close), with the outcome the award of 3 June 2011 gave each.

RankTendererTendered priceOutcome
1Singxpress Land (Pasir Ris) Pte Ltd, parent: SingHaiyi Group Ltd. (formerly SingXpress Land Ltd.) and Kay Lim Holdings Pte LtdS$123,880,009Awarded
2Yuan Ching Development Pte LtdS$103,688,000Unsuccessful
3Kienta Engineering Construction Pte LtdS$103,650,000Unsuccessful
4EL Development Pte LtdS$98,000,000Unsuccessful
5NTUC Choice Homes Co-operative Limited, parent: NTUC Enterprise Co-operative LimitedS$97,388,000Unsuccessful
6Centurion Re Pte Ltd and Lian Beng Land Pte LtdS$93,180,000Unsuccessful
7Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$91,000,000Unsuccessful
8Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Investment Focus Pte LtdS$90,560,000Unsuccessful
9Qingdao Construction (Singapore) Pte Ltd, parent: Qingjian Group Co., Ltd.S$75,700,000Unsuccessful

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

3 June 2011

Awarded

Pasir Ris PH1, Pasir Ris Central / Pasir Ris Drive 1: awarded to Singxpress Land (Pasir Ris) Pte Ltd and Kay Lim Holdings Pte Ltd, as HDB's list of DBSS sites awarded dates it

Dated as the agency’s list of sites sold prints it (List of DBSS Sites Awarded). The list is the source; no release of this date is on record.

Awarded to

Singxpress Land (Pasir Ris) Pte Ltd, parent: SingHaiyi Group Ltd. (formerly SingXpress Land Ltd.) and Kay Lim Holdings Pte Ltd, S$123,880,009 (S$3,023.68 psm GFA, derived: the source published the price and not the rate).

Source: List of DBSS Sites Awarded (Prevo reference hdb-list-dbss-sites-awarded)

31 May 2011

Tender closed

Pasir Ris PH1, Pasir Ris Central / Pasir Ris Drive 1: tender closed with 9 bids, as HDB's list of DBSS sites awarded dates it

Dated as the agency’s list of sites sold prints it (List of DBSS Sites Awarded). The list is the source; no release of this date is on record.

9 bids disclosed

Highest S$123,880,009 from Singxpress Land (Pasir Ris) Pte Ltd, parent: SingHaiyi Group Ltd. (formerly SingXpress Land Ltd.) and Kay Lim Holdings Pte Ltd.

Source: List of DBSS Sites Awarded (Prevo reference hdb-list-dbss-sites-awarded)

16 March 2011

Launched for tender

Pasir Ris PH1, Pasir Ris Central / Pasir Ris Drive 1: launched for tender, as HDB's list of DBSS sites awarded dates it

Dated as the agency’s list of sites sold prints it (List of DBSS Sites Awarded). The list is the source; no release of this date is on record.

Source: List of DBSS Sites Awarded (Prevo reference hdb-list-dbss-sites-awarded)

Site facts

Selling authority
HDB
Allowable development
Design, Build and Sell Scheme public housing
Tenure
103 yearsNot the 99-year term of an ordinary residential GLS parcel.
Programme list
None stated; sold by tender, as hdb's list records itKnown from HDB’s list of sites sold, which does not say whether the parcel was on a Government Land Sales list. No list is inferred.Estimated TOP June 2015, as the list states it at the time of listing.[hdb-list-dbss-sites-awarded]
Project
Pasir Ris One[hdb-list-dbss-sites-awarded]
Site area
16,388 sqm[hdb-list-dbss-sites-awarded]
Maximum GFA
40,970 sqm[hdb-list-dbss-sites-awarded]
Tender conditions
  • Housing classification: Design, Build and Sell Scheme (DBSS)
  • Permissible gross plot ratio: 2.5
Facts as stated on
16 March 2011

Sources

  1. Agency listPublication date not recorded

    List of DBSS Sites Awarded

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    1b71e22bd449018171bd80882624f4e7e0868f15900351a43bd9cee673dcb66e
    Size
    136,187 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-19 09:59:58 UTC
    Prevo reference
    hdb-list-dbss-sites-awarded